Three-Story Music Venue &
410 410-12 W Girard Ave Philadelphia, PA 19123
New
410 410-12 W Girard Ave, Philadelphia, PA, 19123
$800,000
For Sale
$800,000
Three-story building with historic character, currently operating as a music venue and bar, included with 410–412 W Girard Ave.
Property Size4,860 SF
Price / SF$164.61
Days on Market3
Property Features for 410 410-12 W Girard Ave
General Information
- Standard status
- Active
- Size
- 4,860 SF
Building Details
- Year Built
- 1936
Listing Agency
Delphi Property Group, LLC
(215) 627-7300
Listed by
Jamie B Weiner · License #RM422933
Source
Kandorre
Added: Jul 19 Updated: Jul 20 at 3:18 am Checked: Jul 20 at 3:18 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Delphi Property Group, LLC
Investment Insights
Based on property information with market context.
The sale includes 410 & 412 W Girard Ave, Philadelphia, PA. This three-story, approximately 4,860-square-foot building was built in 1920 and is currently used as a music venue and bar. The property’s second and third floors are in partially demolished condition and were formerly configured as residential units.
A separate liquor license is not included in the sale; the liquor license can be purchased.
The building’s configuration supports its current entertainment use while also offering a framework for potential redevelopment of the upper floors based on how the former residential layout is to be restored or reimagined.
A separate liquor license is not included in the sale; the liquor license can be purchased.
The building’s configuration supports its current entertainment use while also offering a framework for potential redevelopment of the upper floors based on how the former residential layout is to be restored or reimagined.
Key Highlights
- Sale includes 410 & 412 W Girard Ave, Philadelphia, PA 19123‑1412
- 4,860 SF, three‑story building built in 1920 with historic character
- Currently operating as a music venue and bar
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.1k | $21.00 |
| − Vacancy | −$8.2k | −$1.68 |
| EGI | $93.9k | $19.32 |
| − OpEx | −$23.5k | −$4.83 |
| NOI | $70.4k | $14.49 |
4,860 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.01M
$880.3K – $1.17M
NOI $70,421 @ 7.0% cap · market cap 8.80%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.18M
$1.04M – $1.38M
NOI $82,935 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
Similar Off Market Nearby
- Starbucks — 456 N 5th St, Philadelphia, PA 19123
- Zee Bar — 100 Spring Garden St, Philadelphia, PA 19123
- Lit Ultrabar — 460 N 2nd St, Philadelphia, PA 19123
- Gardendale Social Club — 417 n 8th st, philadelphia, pa 19123
- Silk City — 435 Spring Garden St, Philadelphia, PA 19123
FAQs
What type of property is this?
Bar & Pub - Three-story building with historic character, currently operating as a music venue and bar, included with 410–412 W Girard Ave.
Where is this bar & pub located?
The property is located at 410 410-12 W Girard Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Sale includes 410 & 412 W Girard Ave, Philadelphia, PA 19123‑1412; 4,860 SF, three‑story building built in 1920 with historic character; Currently operating as a music venue and bar
